Incident case file
Sign in to watchTrustedVolumes RFQ Swap Proxy — Access Control Exploit (1inch Fusion Resolver)
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Estimated loss
Victims identified
Investigation
Facts and investigation
Attacker: Same operator as March 2025 1inch Fusion V1 exploit (different vulnerability class)
Timeline: On May 7, 2026, Blockaid detected an ongoing exploit against TrustedVolumes, an independent market-making firm acting as a resolver in the 1inch Fusion network. The attacker exploited a public, unprotected signer-registration function on TrustedVolumes' custom RFQ Swap Proxy contract, enabling them to register as an Allowed Order Signer and forge ~85 signed orders against the resolver's pre-approved liquidity. Initial detection by Blockaid pegged the loss at ~$5.87M; TrustedVolumes later confirmed the total reached ~$6.7M after the drain completed across three receiving wallets. CertiK and SlowMist corroborated the technical analysis. 1inch co-founder Sergej Kunz publicly distanced 1inch protocols from the incident, clarifying that neither 1inch nor its core contracts were compromised. TrustedVolumes published an on-chain message offering a bug bounty dialogue within a 48-hour window. As of May 16, the funds remain static across the three receiving wallets and no recovery has been confirmed.
Sources and coverage
- Articledecrypt.cohttps://decrypt.co/367070/defi-platform-trustedvolumes-hit-by-6-7m-exploit
- Articletheblock.cohttps://www.theblock.co/post/400332/1inch-trustedvolumes-exploit
- Articlecrypto.newshttps://crypto.news/trustedvolumes-loses-nearly-6m-in-fresh-1inch-linked-exploit/
- Articlecoinpaper.comhttps://coinpaper.com/16883/1inch-distances-itself-from-6-7-m-trusted-volumes-exploit
- Articlefinance.yahoo.comhttps://finance.yahoo.com/markets/crypto/articles/defi-platform-trustedvolumes-hit-6-112555361.html
- Articlecastlecrypto.gghttps://castlecrypto.gg/news/trustedvolumes-market-maker-suffers-5-87-million-exploit/
- Articlememeburn.comhttps://memeburn.com/1inch-trustedvolumes-exploit-may-2026/
- Articlecryip.cohttps://cryip.co/trustedvolumes-exploited-5-87-million-1inch-resolver-same-attacker/
- Articlecryptowisser.comhttps://www.cryptowisser.com/news/ongoing-attack-on-trustedvolumes-depletes-5-87m-usd/
- Articlethedefiant.iohttps://thedefiant.io/news/defi/1inch-resolver-trustedvolumes-drained-for-usd6-7m-on-ethereum
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